The junior gold stocks on our list have big expectations for share price appreciation and/or revenue growth
SmallCapPower | July 10, 2017: Gold mining companies can grow revenues in multiple ways, whether it be organically, through acquisition, or joint ventures, it is always a positive. Increased revenues is often tied to an increase in stock price, so we have identified three junior gold stocks with lofty revenue growth expectations and one with plenty of share price appreciation potential.
Avnel Gold Mining Ltd (TSX: AVK) – $0.41
Gold
Avnel Gold Mining Limited (Avnel) is a natural resource company engaged in the business of exploration, mine development, and the mining and extraction of precious metals, principally gold, with operations in south-western Mali in West Africa. The Company owns an approximately 80% equity interest in Societe d’Exploitation des Mines d’Or de Kalana, S.A. (SOMIKA), which is its principal asset. SOMIKA owns and operates the Kalana Mine, a small, Soviet-era, underground gold mine, and holds rights to the Kalana Exploitation Permit, a combined exploitation and exploration permit in Mali.
- Market Cap: $154,817,805
- NTM Revenue Growth: 3,769.5%
- NTM Revenue: $625,227,583
Treasury Metals Inc (TSX: TML) – $0.60
Gold
Treasury Metals Inc. is a Canada-based gold exploration and development company that operates through segment being the sector of exploration and evaluation of mineral resources. It is focused on its Goliath Gold Project located near Dryden in northwestern Ontario. The Goliath Gold Project consists of approximately 140 contiguous unpatented mining claims (over 250 units) and over 20 patented land parcels. The total area of the Goliath Gold Project is approximately 4,881 hectares covering portions of Hartman and Zealand townships. Its others projects include Goldcliff Project and Lara Polymetallic Project.
- Market Cap: $70,004,201
Rye Patch Gold Corp (TSXV: RPM) – $0.23
Gold
Rye Patch Gold Corp. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties in Nevada, the United States through its subsidiary, Rye Patch Gold US Inc. The Company’s activities are focused on over two geological trends in Nevada, including Oreana Trend and Cortez Trend. The Oreana Trend includes Lincoln Hill Resource project and Wilco Resource project. The Cortez Trend includes Garden Gate Pass-exploration drilling and Patty-exploration drilling. The Lincoln Hill Resource project consists of a patented lode claim and unpatented mining claims. Lincoln Hill Resource Project includes Gold Ridge Property and Independence Hill Property.
- Market Cap: $87,597,191
- NTM Revenue Growth: 1,371.8%
- NTM Revenue: $110,133,042
Harte Gold Corp (TSX: HRT) – $0.61
Gold
Harte Gold Corp is a Canada-based company engaged in the acquisition, exploration and development of mineral resource properties with a focus on gold properties located in the Province of Ontario. It has interests in gold exploration projects, including Sugar Zone Property, which is located approximately 60 kilometers east of the Hemlo area gold mines and northeast of the town of White River, and the Stoughton-Abitibi Property, which is located over 110 kilometers east of Timmins and approximately 50 kilometers north-east of Kirkland Lake. Its exploration activities are focused on the Sugar Zone Property, which comprises approximately 29,435 hectares and covers an entire greenstone belt.
- Market Cap: $277,212,412
- NTM Revenue Growth: 200,074.9%
- NTM Revenue: $ 49,583,333
Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.
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